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Dec 31, 2020

BlackLine Q4 2020 Earnings Report

BlackLine drove growth, scaled the business, and expanded its strong leadership position.

Key Takeaways

BlackLine announced strong fourth-quarter results, driven by initiatives to support customers, invest in key areas, and bring expertise to market. The company's commitment to customer success continues to differentiate it in the market.

Continued to drive growth.

Scaled the business.

Expanded strong leadership position.

Drove another quarter of strong results.

Total Revenue
$95.7M
Previous year: $80.3M
+19.3%
EPS
$0.21
Previous year: $0.14
+50.0%
Dollar-based Net Revenue Retention Rate
1%
0
Number of Customers
3.4K
Previous year: 3K
+13.3%
Gross Profit
$76.5M
Previous year: $65.1M
+17.5%
Cash and Equivalents
$367M
Previous year: $120M
+205.6%
Free Cash Flow
$10.8M
Previous year: $7.05M
+53.3%
Total Assets
$1.11B
Previous year: $1.01B
+9.8%

BlackLine

BlackLine

Forward Guidance

Guidance for non-GAAP net income attributable to BlackLine and non-GAAP net income attributable to BlackLine per share does not include the impact of the provision for (benefit from) income taxes related to acquisitions, amortization of acquired intangible assets, stock-based compensation, the amortization of debt discount and issuance costs, the change in fair value of contingent consideration, acquisition-related costs, legal settlement gains, and the adjustment to the value of the redeemable non-controlling interest to the redemption amount.